ProShare Advisors LLC Has $4.77 Million Stock Position in Global Payments Inc. $GPN

ProShare Advisors LLC lifted its position in Global Payments Inc. (NYSE:GPN) by 24.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 61,565 shares of the business services provider’s stock after purchasing an additional 12,147 shares during the period. ProShare Advisors LLC’s holdings in Global Payments were worth $4,765,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Independent Advisor Alliance increased its position in Global Payments by 260.5% during the third quarter. Independent Advisor Alliance now owns 29,446 shares of the business services provider’s stock worth $2,446,000 after acquiring an additional 21,278 shares during the period. Atlantic Union Bankshares Corp bought a new position in Global Payments during the third quarter worth $905,000. Moore Capital Management LP increased its position in Global Payments by 13.3% during the third quarter. Moore Capital Management LP now owns 231,200 shares of the business services provider’s stock worth $19,208,000 after acquiring an additional 27,200 shares during the period. Convergence Investment Partners LLC bought a new position in Global Payments during the third quarter worth $1,024,000. Finally, National Pension Service increased its position in Global Payments by 3.2% during the third quarter. National Pension Service now owns 413,493 shares of the business services provider’s stock worth $34,353,000 after acquiring an additional 12,773 shares during the period. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Key Global Payments News

Here are the key news stories impacting Global Payments this week:

• Negative Sentiment: Zacks Research trimmed its Q2 2026 EPS estimate to $3.49 from $3.55 and its Q3 2026 estimate to $3.66 from $3.69, which may pressure sentiment around near-term earnings. Global Payments estimate update
• Negative Sentiment: The firm also cut its Q1 2027 EPS forecast to $3.40 from $3.47 and lowered FY2028 earnings expectations to $19.00 from $19.26, adding to a cautious near-term view. Global Payments estimate update
• Neutral Sentiment: Zacks Research reiterated a Hold rating, signaling limited conviction despite the recent estimate changes. Global Payments analyst note
• Positive Sentiment: Some longer-dated forecasts improved, including FY2027 EPS to $16.43 from $16.24, Q3 2027 EPS to $4.37 from $4.30, Q4 2027 EPS to $4.51 from $4.32, and Q4 2026 EPS to $3.74 from $3.72, suggesting better earnings power later in the cycle. Global Payments estimate update
• Neutral Sentiment: A separate article highlighted broader S&P 500 payment-trend themes that could support the stock, but it did not present a direct company-specific catalyst. Payment trends article

Global Payments Trading Up 0.9%

Shares of Global Payments stock opened at $73.27 on Friday. The firm has a market capitalization of $20.04 billion, a PE ratio of -35.92, a price-to-earnings-growth ratio of 0.41 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. The company’s fifty day moving average price is $68.76 and its two-hundred day moving average price is $73.67. Global Payments Inc. has a 52-week low of $62.45 and a 52-week high of $90.64.

Global Payments (NYSE:GPN) last posted its earnings results on Wednesday, May 6th. The business services provider reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.14. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the prior year, the firm earned $2.82 EPS. The firm’s quarterly revenue was up 63.1% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, analysts expect that Global Payments Inc. will post 13.89 EPS for the current year.

Global Payments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Global Payments’s dividend payout ratio is presently -49.02%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on GPN shares. Rothschild & Co Redburn dropped their target price on shares of Global Payments from $70.00 to $60.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Wall Street Zen raised shares of Global Payments from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Global Payments from $80.00 to $75.00 in a research report on Monday, May 11th. BNP Paribas Exane dropped their target price on shares of Global Payments from $64.00 to $60.00 and set an “underperform” rating on the stock in a research report on Friday, April 10th. Finally, UBS Group reaffirmed a “neutral” rating and set a $80.00 target price on shares of Global Payments in a research report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Global Payments has an average rating of “Hold” and an average target price of $84.29.

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.